Is $3.25 Gas Helping Harley Davidson? [View article]
They are still having rising inventories, and the LIFO inventory method masks teh huge increase in inventory value decreases as stated deep in the notes section of the 10K. They make a discretionary product, and consumers' sentment is very low. This has been a horrible stock for 9 months and will continue to be bad until sentiment rises. I will continue to play it to the downside until sentiment rises. Likely at least another 6 months.
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They are still having rising inventories, and the LIFO inventory method masks teh huge increase in inventory value decreases as stated deep in the notes section of the 10K.
Mar 16 10:01 am
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All Comments by Haley »Is $3.25 Gas Helping Harley Davidson? [View article]
They make a discretionary product, and consumers' sentment is very low. This has been a horrible stock for 9 months and will continue to be bad until sentiment rises. I will continue to play it to the downside until sentiment rises. Likely at least another 6 months.